BAKER
BAKER is a Texas oil lease in Shackelford County, Railroad Commission district 7B, operated by Lawrence Energy Company. It has 2 wellbores on file with the Commission. Reported production runs from January 2016 to August 2026, totalling 5,842 barrels. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $18K, with roughly $4K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 9 barrels a month, about 4 per wellbore. Its strongest month on the record we hold was September 2016, at 319 barrels. In our own backtest, leases producing at this rate are forecast to within about 100% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about BAKER
- Who operates BAKER?
- BAKER is operated by Lawrence Energy Company, Railroad Commission of Texas operator number 490209.
- Where is BAKER?
- BAKER is a Texas oil lease in Shackelford County, Texas, in Railroad Commission district 7B. Its Railroad Commission lease number is 31915.
- Is BAKER still producing?
- BAKER is currently producing. The most recent month of production reported to the Railroad Commission of Texas for BAKER is August 2026.
- How much has BAKER produced?
- BAKER has reported 5,842 barrels of oil (bbl) to the Railroad Commission of Texas between January 2016 and August 2026, from 2 wellbores.
- How much is BAKER worth?
- The remaining production from BAKER is estimated to be worth about $18K in total as of 27 August 2026, within a range of $0 to $37K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in BAKER is a fraction of it. The estimate fits an Arps decline curve to the production BAKER has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for BAKER is an estimate of value, not an offer and not an appraisal.
- How much income does BAKER generate in a year?
- BAKER is forecast to net about $4K across the whole undivided lease over the twelve months following 27 August 2026, before income tax. A royalty owner in BAKER receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Lawrence Energy Company |
|---|---|
| Field | Shackelford County Regular |
| County | Shackelford County, Texas |
| RRC district | 7B |
| Lease number | 31915 |
| Wellbores | 2 |
| Reported production | 5,842 bbl |
| First reported | |
| Last reported | |
| Estimated royalty value | $18K |
Where BAKER sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.